Superstar Stocks: BTST Trading and stocks that could deliver good returns till October 20, 2021.

Stocks that are in focus, Stocks to buy for tomorrow, Superstar Stocks selected on basis of a three-factor model, Deepak Nitrite, M&MFIN and TCNS Clothing.

Many times market participants see a stock opening with a gap-up and wish they should have bought this superstar stock a day before to take advantage of the gap-up move. To fulfil this wish, we have come out with a unique system, which would help us to get the list of candidates that can be the probable superstar stocks for tomorrow.

The superstar stocks for tomorrow selected are based on a three-factor prudent model. The first important factor for this model is price, the second key factor is pattern, and last but not least is the combination of momentum with volume. If a stock passes all these filters, it would flash in our system and as a result, will help traders to spot the superstar stocks for tomorrow at the right time!

Here are the superstar BTST stocks for October 20, 2021.

Deepak Nitrite: The stock has gained nearly 3.25% on Tuesday and it has formed a bullish candle along with a surge in the volumes. The volume for the day has already surpassed its previous trading session volume. The RSI on an hourly, daily and weekly time frame is in the super bullish territory. The stock can probably test levels of Rs 3050 followed by Rs 3100 on the upside, while on the downside, support is seen around Rs 2900. 

Mahindra & Mahindra Financial Services (M&MFIN): The stock has gained 3.5% on Tuesday and formed a supersized bullish candle. With this, it has witnessed a breakout of the consolidation pattern along with a surge in the volumes. The stock has already surpassed the volume of its previous trading session and is the highest since October 5. The 14-period RSI is in the bullish super territory on hourly, daily and weekly time frame. The stock has the potential to test levels of Rs 200 followed by Rs 206 on the upside. On the downside, the level of Rs 189 is likely to act as immediate support for the stock.

TCNS Clothing: The stock has jumped over 6% on Tuesday and formed a sizable bullish candle on the daily chart. The volume for the day is the highest single-day volume since September 27. The RSI on the hourly, daily and weekly chart is in bullish territory. The stock has the potential to test levels of Rs 740-750 and immediate support for the stock is placed at Rs 700.